News

By Nkiruka Nnorom Activities in the nation’s local bourse started the third week of the year on a weak note after the inflation rate rose for the first time in eight months, with investors losing N29 billion.The Consumer Price Index (CPI) for December 2021 by the National Bureau of Statistics (NBS) released yesterday showed that the inflation…

Jon Winkelried, CEO and a partner of TPG. Photo: Bess Adler/Bloomberg News…

PUNE Prime accused in the ₹15 crore stock market scam, Vishal Fate, who is currently absconding in connection with the economic fraud, adopted the modus of promising ₹6 crore return over an annual investment of ₹10 lakh in one year. Besides, he also promised thrice the invested amount to small time investors in three months and gave returns to…

What happened Shares of Harmonic (HLIT 9.44%) are seeing huge gains in Wednesday's trading. The telecommunications equipment company's stock was up roughly 9.5% in the daily session as of 11:40 a.m. ET today following encouraging news from one of its key customers.  Charter Communications (CHTR -11.53%) laid out its capital expenditure plans…

What happened Shares of electric car maker Tesla (NASDAQ:TSLA) took a hit on Wednesday. As of 11:35 a.m. ET, the stock is down about 3%. The stock's slide was likely primarily due to a rough day for the overall market. After broader-market indices kicked off the day on a positive note, with the S&P…

…

Text size It has been a bumpy week on Wall Street. Ed Jones/AFP via Getty Images…

https://www.youtube.com/watch?v=wd7wxE-AqyY Consumer sentiment declined 5% below October, eroding about one-third of the overall gain seen since the historic low in June, according to the University of Michigan Surveys of Consumers. Buying conditions for durables, which had markedly improved last month, decreased most sharply in…

HDFC Bank, ICICI Bank showing strength: Siddarth Bhamre Siddarth Bhamre, Director-Alternate Investment and Research at InCred Equities, said HDFC Bank and ICICI Bank are showing strength. "There has been a huge bout of short covering in HDFC Bank in the last trading session. ICICI Bank is not correcting much, and Reliance numbers have been…

Prosper Trading Academy CEO Scott Bauer and SlateStone Wealth chief market strategist Kenny Polcari discuss market volatility on 'The Claman Countdown.' U.S. stocks finished with broad gains as investors wound down a volatile month and ahead of another busy week for earnings and jobs data.  The Nasdaq Composite took the lead rising 3.4% as…